Jul 3 F for France

Paris in a strong position to attract more innovative companies than London due to Station F and Brexit

Paris is in a strong position to attract more innovative companies than London and pretty soon dominate Europe's start-up scene, French billionaire Xavier Niel, founder of Paris’ start-up campus, said at the official opening of the new innovation hub last week.

"It's something that is achievable in the coming months," Niel told Reuters. "We're of course helped by Brexit.”

Station F is the world's largest start-up incubator and will be home to early-stage companies, VC funds, a tax centre, 3-D printing labs, plus the requisite restaurants, cafes and bars.

President Emmanuel Macron said recently he intends to transform France into a ‘start-up’ nation, a strategy to be supported by business-friendly reforms along with the launch of a €10 billion dedicated fund.

"This word 'entrepreneur' ...is a French word, very French, which the Anglo-Saxons stole from us," Macron told the Station F crowd last week.